Balrampur Chini Buyback 2022 vs Tips Industries Buyback 2022

Comparision between Balrampur Chini Buyback 2022 and Tips Industries Buyback 2022.

Buyback Details

Balrampur Chini Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Tips Industries Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.

Balrampur Chini Mills Limited

Tips Industries Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹360 per share

₹2600 per share

Issue Size

1,26,000 shares

Issue Size (Amount)

₹145.45 Crores

₹32.76 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	37 Equity Shares out of every 762 Fully paid-up Equity Shares held on the Record Date.	18,900.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.	107,100.00

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Axis Capital Limited

Inga Ventures Pvt Ltd

Necessity of the buyback

The buyback is being undertaken for the following reason:

1.To optimize returns to shareholders.

2. To enhance overall shareholder value.

3. To optimize capital structure.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base, thereby leading to long term increase in shareholders' value.

Buyback Timetable

Balrampur Chini Buyback 2022 and Tips Industries Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Buyback 2022 Buyback record date is . Tips Industries Buyback 2022 Buyback record date is Dec 30, 2022.

	Balrampur Chini Mills Limited	Tips Industries Limited
Record Date		Dec 30, 2022
Offer Open Date	Nov 16, 2022	Jan 27, 2023
Offer Closure Date	May 15, 2023	Feb 09, 2023
Last date for receipt of tender forms		Feb 09, 2023
Finalisation of buyback		Feb 17, 2023
Last Date for settlment of bids		Feb 20, 2023
Last Date for extinguishment of shares		Feb 27, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Tips Industries Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Balrampur Chini Mills Limited

Tips Industries Limited

Financial

Balrampur Chini Mills Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	779.84	509.28	2287.5
31-Mar-21	4845.11	469.77	2480.44
31-Mar-22	4893.94	514.66	2673.63
Amount in ₹ Crore

Tips Industries Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	108.82	11.34	80.11
31-Mar-21	95.42	43.47	100.91
31-Mar-22	138.8	64.56	102.61
30-Sep-22	85.96	38	137.57
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	366.95	306.80	343.47
Jan-2022	385.85	335.45	363.80
Jan-2022	404.15	329.00	352.13

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1923.90	1725.00	1837.57
Oct-2022	1850.00	1456.15	1598.71
Sep-2022	1740.00	1470.00	1591.33

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	367.00	307.30	343.73
Jan-2022	385.90	335.15	363.87
Jan-2022	404.50	329.00	352.13

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1910.00	1700.00	1837.56
Oct-2022	1850.00	1458.45	1601.22
Sep-2022	1724.95	1465.00	1592.46

Compare with others

Balrampur Chini Mills Limited	Tips Industries Limited
Softsol India Buyback 2022	Freshtrop Fruits Buyback 2022
Tips Industries Buyback 2022	Cosmo First Buyback
eClerx Services Buyback 2022	Jenburkt Pharmaceuticals Buyback
Technocraft Industries Buyback 2022	Indian Energy Exchange Buyback
Triveni Engineering Buyback 2022	Softsol India Buyback 2022
Windlas Biotech Buyback 2022	eClerx Services Buyback 2022
Orbit Exports Buyback	Technocraft Industries Buyback 2022
Jagran Prakashan Buyback 2022	Triveni Engineering Buyback 2022
Triveni Turbine Buyback	Balrampur Chini Buyback 2022
Dhanuka Agritech Buyback	Windlas Biotech Buyback 2022

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